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Creation magnate Italian Ferruccio Lamborghini founded this company in 1963 with the objective of producing a sophisticated grand touring car to compete with offerings from established marques such as Ferrari. The company's first models, such as the 350 GT, were released in the particular mid-1960s and were noted for his or her refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for the Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars with the era.Lamborghini grew rapidly during its first a decade, but sales plunged from the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership on the company to Georges-Henri Rossetti and also René Leimer and on in 1974. The company went belly up in 1978, and was placed inside receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by simply 1984 and invested heavily from the company's expansion. Under the Mimrans' operations, Lamborghini's model line was expanded through the Countach to include the Jalpa sports vehicle and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini for you to Malaysian investment group Mycom Setdco and Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it was placed under the control on the group's Audi division. New products and model lines were introduced for the brand's portfolio and taken to the market and saw an elevated productivity for the model Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent financial crisis, Lamborghini's sales saw a new drop of nearly 50 %.

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As of the 2015 model year, Lamborghini's automobile product range includes two model lines, both of which tend to be mid-engine two-seat sports cars and trucks. The V12-powered Aventador line involves the LP 700-4 coupé and also roadster. The V10-powered Huracán series currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing as many SUVs by 2018 since sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for easy use in World Offshore Series Course 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu inside) and outputs approximately 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of the 1, 000 cc sports motorbike. UK weekly newspaper Tandem News reported in 1994 - when featuring an example available through an Kent motorcycle retailer - in which 24 examples were produced which has a Lamborghini alloy frame acquiring adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks and Marvic wheels. The bodywork was cheap and fully integrated having front fairing merged in fuel tank and seat cover ending in a rear tail-fairing. The motorcycles were created by Lamborghini stylists and that is generated by French business Boxer Motorcycles.

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Top quality merchandiseLamborghini licenses its company to manufacturers that produce a range of Lamborghini-branded consumer goods which includes scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided ahead of time that there would become no factory-supported racing of Lamborghinis, viewing motorsport as too costly and too draining with company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in specific was known for thinking of his road car business mostly a cause of funding for his participation in motor racing. Ferruccio's policy led in order to tensions between him along with his engineers, many of whom have been racing enthusiasts; some had previously proved helpful at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development of the P400 prototype, they designed it to become a road car with auto racing potential, one that could win around the track and also be driven on your way by enthusiasts. When Ferruccio discovered the actual project, he allowed them to visit ahead, seeing it as a potential marketing device with the company, while insisting that it might not be raced. The P400 went onto become the Miura. The closest the company located building a true contest car under Lamborghini's supervision were a few highly modified prototypes, including those built by factory test driver Bob Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".

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In the mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to formulate, then manufacture 400 cars for BMW in order to meet Group 4 homologation needs. BMW lacked experience having a mid-engined vehicle and assumed that Lamborghini's experience for the reason that area would make Lamborghini a great choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind plan developing the car's construction and running gear. When Lamborghini failed to supply working prototypes on time, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named this M1, delivering the first car or truck in October 1978.

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